VTOL - Bristow Group 10% Owner Trades $897K In Company Stock | Benzinga
Solus Alternative Asset Management LP, 10% Owner at Bristow Group (NYSE:VTOL), executed a substantial insider sell on June 20, according to an SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, LP sold 27,023 shares of Bristow Group. The total transaction value is $897,499.
During Friday's morning session, Bristow Group shares down by 0.0%, currently priced at $32.56.
Delving into Bristow Group's Background
Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of integrated, national, and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed-wing transportation and other aviation-related solutions. Its energy customers charter its helicopters to transport personnel to, from, and between onshore bases and offshore production platforms, drilling rigs, and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K. and the United States.
Bristow Group's Economic Impact: An Analysis
Positive Revenue Trend: Examining Bristow Group's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 11.61% as of 31 ...